House Democrats Say Trump White House Ran 'World’s Most Corrupt Crypto Startup'
A report issued by House Democrats on Nov. 28, 2025, alleges that President Trump and members of his family collected roughly $800 million from cryptocurrency sales during the first half of the year, and characterizes the White House activity as the "world’s most corrupt crypto startup." The document frames those transactions as part of a broader pattern of self-dealing and calls for further congressional oversight.
The findings, which are being disputed by Trump allies, could sharpen legal and political scrutiny ahead of forthcoming hearings and potential regulatory inquiries. For markets and service providers, the report raises renewed questions about transparency, counterparty risk and enforcement in a fast-moving crypto ecosystem. Investigations and any resulting subpoenas or enforcement actions would determine whether the reported transfers constitute legal violations or politically consequential ethics breaches.